Good morning! I hope all of you had a good week and are enjoying your weekend.
Is it just me or has this week flown by? 😉 I moved out of the dorms/barracks this week (finally) and have been working on getting everything set up. I’ve spent way more than I normally do so far this month but it’s all been large one-time expenses related to moving that I’ve been stockpiling cash for these last few months. Looking forward to August and getting back to higher savings rates.
I also found out I made Staff Sergeant (E-5) this week which is pretty cool. I’ll have a lot more responsibility here at work once I put the rank on probably spring time of next year but will also get an increase in pay which is good. I imagine my blogging/twitter time will be cut back here a little over the next month or so as I’ll probably be attending Airman Leadership School to prepare. It seems like I’ve been really busy with things all year long but I would much rather be busy all the time than be bored.
Here is a quick recap of my blog posts here since last Sunday if you want to check them out.
And now on to some of my favorite posts from around the web that I’ve read recently.
Tom Lewis Once Had A Great Quote About The American Stock Market by The Conservative Income Investor. I won’t spoil it for you by sharing the quote here but it fits right in with the long-term mentality that dividend growth investors have. With so much media attention and instant access to the stock market via the internet, it can be easy to get caught up in the short-term ups and downs of stocks and forget about focusing on businesses that will be growing earnings consistently over the long-term.
Anyone Can Buy That by Budgets are Sexy. J. Money talks about the choice we all make about whether to use our money to buy luxury items or save it with the goal of becoming financially independent. It’s very easy to just go with the crowd and buy a new car every few years, take expensive vacations, and rock the big screen in your living room. Not saying any of these things is wrong to do, just saying you also have the choice, as J point out, to save your money and help yourself out in the future. Spending big pays immediate dividends so to speak with showing others how well you are doing. It takes a long time of packing away money into your investment accounts every month to produce results that others can see.
Look abroad for higher dividend yields by Dividend Growth Investor. DGI runs through a list of some foreign based companies with long dividend growth histories and also explains some of the differences between investing in U.S. companies vs. foreign based ones. Good read for anyone looking to diversify their portfolio with some international holdings.
So I Won The Lottery by Frankly Frugal. Kipp puts it all into perspective for us, explaining just how lucky we all are to have been born in places that allow us to even think about pursing financial independence dreams. Kipp’s a relatively new blogger on the scene so be sure to stop by his site and welcome him to the community.
Necessity Is The Mother of Badassity by Mr. Money Mustache with the winner of this week’s best blog post title. 😉 Mr. MM shares the story of replacing the roof at his mother’s house this summer and uses it to explain how sometimes you just need to jump into something new in order to learn about it and make a change to your lifestyle.
Why Dividend Growth Investing Is Such A Robust Investment Strategy For Those Seeking Early Financial Independence by Dividend Mantra. If you’re looking to get started with dividend growth investing, I highly recommend you check out this post. Jason lays out all the details of why this is such a great strategy for individuals such as myself that are looking to retire early. I think my favorite part that he mentions is how this strategy eliminates “Mr. Market.” While you still somewhat need to pay attention to the overall market as an investor (to know if any short-term events could present you with a buying opportunity for example), using this strategy allows you to ignore the daily ups and downs and instead focus on finding and buying companies that will be able to grow earnings and dividends over the long-term.
Hope you enjoyed theses posts from around the web. Have a great week!